• destroyamerica@lemmygrad.ml
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    2 months ago

    It has no empirical basis in the history of capitalism or the industrial age. It is nothing more than an excuse to financialize and speculate away while production and transportation chains rot

    I don’t really understand this. this is the natural evolution of capitalism, there’s no where else for it to go as the rate of profit continues to fall.

    Regardless, I don’t think freagles comment actually disagrees with anything else in your comment. If you wanna say it’s too open-ended and unclear sure but like I’ve said elsewhere if it’s someone on hexbear or grad you should just ask them to clarify instead of jumping straight to a dunk

    • CarmineCatboy2 [he/him]@hexbear.net
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      2 months ago

      this is the natural evolution of capitalism

      Because that is not what I am describing. One thing is the logical conclusion of the economic system. Another entirely is the worldview which sustains said system.

      Regardless, I don’t think freagles comment actually disagrees with anything else in your comment.

      Nor does my comment disagree with the people who perceived freagle’s comment to be fundamentally wrong. Which was the point.